A loan of $3,975 helped a member purchase eggs and cheese wholesale.


Corazones Solidarios Group's story

This communal bank is called "Corazones Solidarios" [Caring Hearts]. It is made up of 23 entrepreneurs who are dedicated to various professions such as used clothing sales, fast food preparation, plumbing, embroidery, etc. All of them live in the town of La Cisterna.

Jaqueline is a member of the communal bank. She is the third person from left to right in the front row. She is wearing a lilac polo shirt and has short hair with bangs. She has been selling eggs and cheese for 5 years. She has also been selling her products in a street market for a year and two months. She buys her products on site and from distributors. Her goals are to expand her business and to ship her products to stores, bakeries and individuals. She will use the loan to buy eggs and cheese wholesale.

Jaqueline lives with her mother-in-law, her husband, their four children and their 5 year old granddaughter. She is motivated to continue in her business because she yearns to give her family a better quality of life with the income generated from her business. She says that two of her children attend the university. Her dream is for her children to become professionals. She says that this is the best thing she can give them. She is very happy and grateful for the opportunity that Fondo Esperanza has given her, as it has allowed her to invest in her business. With regards to the meetings, she says that she feels very comfortable since the group is very devoted, they share the same interests and they have created a warm atmosphere.

La Cisterna is a municipality located in the south central part of the country in the Metropolitana region. It is mainly residential and commercial. In the beginning it was a rural area with large plots of land, however, due to the growth in the population and the arrival of services, it has become 100% urban.

In this group: Jaqueline, Monica, Sylvia, Miriam, Evelyn, Elianira, Ema, Beatriz, María Teresa, Myriam, Hector, Ingrid, Aida, Rosa, Luis, Luisa, Jorge, Macarena, Johanna, Delia, Carolina, Isabel , Rosa

Translated from Spanish by Kiva volunteer



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